Opteck was founded by the professional team of Centralspot Trading (Cyprus) Ltd in 2011, specializing in Forex and CFD and Crypto Currency. Thus, users can expect nothing less than a world-class experience that is provided with expert knowledge throughout the entire process.
Like many other brokers, Opteck offers a 100% web-based online platform, however Opteck prides itself on its ability to deliver extremely useful information in a variety of easy-to-understand methods, as well as making every single trade execution lightning-fast and fully responsive.
One of the key advantages that we can highlight in our Opteck review has to do with the convenient and valuable experience you receive from using its platforms’ unique tools and features. Opteck invests a lot of time and resources to provide the latest available technologies for trading more than 1,000 world-class assets from all 5 major markets: Forex, Stocks, Commodities, Indices and Crypto Currencies. Combined with large knowledge base, and online chat, Opteck provides everything for trader needs to place fast and successful trades.
Opteck Trading Activities
Please note that starting from March 2017, Opteck will be accepting new FX, CFDs and Crypto Currency traders ONLY from the following countries: HONG KONG, NEW ZEALAND, MALAYSIA, TRINIDAD AND TOBAGO, SOUTH AFRICA, SINGAPORE, SEYCHELLES, BERMUDA, JERSEY and REPUBLIC OF KOREA.
As for traders of other countries, the company is also licensed and regulated by the IFSC (International Financial Services Commission), providing the same activity in Forex, CFDs (contracts for differences) and Crypto Currencies in order to give its customers an equal opportunity to open trades in the financial market.In order to give its customers an opportunity to make more profits in the financial market.
Opteck Forex and CFD Trading
For beginners traders, who are just having a look at Opteck platform, we can advice in our Opteck.com review to check out their series of broker's educational tools that include a comprehensive asset index explaining about all their available markets, along with daily technical and fundamental analysis which enables viewing methods for the studying of directional movements in assets’ market prices. Other informational tools, with the help of which traders can get familiar with the Opteck Forex and CFD and Crypto Currencies platform, include: reversal strategies based on parabolic SAR data, momentum indicators, pattern assessment tools, etc.
Live news updates are also a key feature that we found useful using the platform, always keeping you up-to-date with what the market is up to.
For those, who are willing to learn about Forex and CFD essentials, Opteck offers an extensive base of e-books, covering basics, online video tutorial courses and a selection of interactive webinars about the best way for a new trader to start. There is also a given opportunity to speak with financial and trading experts, to get answers to common traders’ questions.
Also, in this Opteck review, we would like to mention Opteck Forex and CFD trading instruments::
To invest in the Forex and CFDs market, you first and foremost need to be rational in order not to lose all the capital you’ve earned. With that being said, Opteck Forex trading is considered one of the finest in the community. Aside from the minimum deposit which starts from 250$, Opteck Forex offers its client a great leverage up to 1:400 alongside fixed spreads. The EUR/USD spread is at 0.3 pips for traders to take advantage of the US dollar versus the EURO. Although Opteck Forex doesn’t provide scalping, hedging, it does provide the stop-loss/take profit feature, as well as one-click trading execution and Crypto Currency which is not widespread among other brokers. Additionally, it offers a wide range of the most popular currency pairs in the market.
The simplicity in Forex and CFD trading makes it great for anyone who can look at simple data and determine if the price of an asset goes up/down. Traders enjoy dealing with Opteck Forex and CFD trading. The company carefully shows detailed assets information, so both experienced and beginner traders alike are provided with the necessary tools.
Before making real trades, you are offered the Opteck demo account, which is very useful addition (especially for new traders). It is a great way to try your abilities and skills with it, as well as to get acquainted with the platform and to try different strategies. You don't need to make a deposit and to spend real money with Opteck demo.
Opteck uses 128 bit SSL technology to encrypt all information that they store, and all communication running through their system. This makes Opteck’s transactions methods, such as deposits or withdraws safe and secure. Opteck enables methods for fast transactions accepting a wide range of currencies.
Opteck Forex and CFD Accounts
Counting out the Opteck demo, the broker has 6 different account types. Each next account type has better benefits than the previous one:
1. Basic: your investment should be anywhere from $250 to $999 (up to 1K). It is intended for those, who want to deposit a small amount of money or for those, who only start their experience with Opteck. You get: 25% bonus, live\chat support, free educational video tutorials and e-book on Forex and CFD trading.
2. Bronze: deposit is from $1,000 to $2,499 with a welcome bonus of 35% and $5 000 demo money. As well as in basic account, you get support and educational tutorials.
3. Silver: asides from benefits of the account types above, for the $2,500-$9,999 deposit you are given 45% bonus, $10,000 demo money, introduction session with a Senior Account Manager and 10-20 daily Forex and CFD signals from PIA.
4. Gold: requires $10,000 - $24,999 account funding to receive extra +1% payout, 20-30 Forex and CFD signals a day, 65% bonus, $15,000 demo, 2 webinars.
5. Platinum: deposit $25,000 - $49,999 for the privilege of Introduction & Strategy session with an Executive Account Manager, 85% bonus, 30 to 40 signals per day, $25,000 demo, +1% extra payout, Private sessions with Senior Analyst, Priority access line, $100 minimum trade amount, 3 webinars.
6. Black: fund $50,000 & up and get +2% extra payout, 40 to 50 daily signals, 100% welcome bonus, Weekly sessions with Senior Analysts, Minimum amount per trade - $250, 4 Illuminating Webinars.
In Opteck.com review, we can list several withdrawal methods that this broker supports: credit cards and webmoney, Western Union, bank wires and CashU. The process is very simple __ you need to log in into your account, click the “Withdrawal” button and to fill in all the necessary information about the desired sum, etc.
The minimum withdrawal amount is $50 (for wire transfers it is $100) and a charge fee is 3.5% (for VIP, Platinum/Black account owners the first withdrawal is free). The request time is about 3 or 4 business days.
In our Opteck review, we should also mention information about Opteck scam, because nowadays many people are faced with this types of issues. First of all, we have to remind you that this broker is regulated in Cyprus by CySEC and is under strict rules of MiFID (EU). And this is the first fact of Opteck legitimacy determination.
But what about traders feedbacks? We have found a lot of welcoming reviews from Opteck clients and users saying that they are fully satisfied with company's professionalism and transparency. Opteck also offers many support services for clients including telephone support, online chat, and email. If you’re a new trader, Opteck provides you with an account manager who will help you with getting started on your first trades. Opteck also has numerous specialists with strong trading and financial backgrounds that can assist more experienced traders in studying Opteck Forex and CFD trading instruments, and can give expert advice for future trades.
Including the online material that is provided by Opteck, this support is exactly the type a trader looks for from a highly reliable broker. Thanks to all of the above, discussions about Opteck scam are pretty pointless.
Negative reviews and posts related to Opteck scam, which can be found on the web, are basically from unexperienced or disappointed users, who have lost their money from misunderstandings in their goals.
In conclusion of Opteck review, we can admit that this company impresses by its level of customers support services, so traders tend to trust and to deal with this Forex and CFD provider.